Galaxy Agrico Exports Limited has announced a further extension of its ongoing rights issue timeline, providing eligible shareholders with additional time to participate in the offering. The decision was approved during a Rights Issue Committee meeting held on February 03, 2026.

Rights Issue Timeline Extension

The company's rights issue, which commenced on February 02, 2026, has received an extended closing date to accommodate shareholder participation. The Rights Issue Committee has approved the extension to provide a further window of opportunity for eligible equity shareholders to apply for the offering.

Complete Revised Schedule

The company has provided a comprehensive timeline for the rights issue process, ensuring clarity for all stakeholders:

Terms and Conditions Remain Unchanged

The company has clarified that there are no changes to the terms and conditions of the Letter of Offer (LOF), Abridged Letter of Offer (ALOF), or Application Form. The only modifications relate to the issue closing date and the resultant revision to the indicative timeline of post-issue activities.

Documentation and Accessibility

To ensure transparency and accessibility, the addendum to the LOF with the revised closing date and timeline will be made available across multiple platforms:

• Company's website at https://www.galaxyagrico.com/
• Registrar's website at www.purvashare.com
• BSE website at www.bseindia.com

The Rights Issue Committee meeting commenced at 05:00 pm and concluded at 05:30 pm on February 03, 2026. The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Galaxy Agrico Exports Limited has announced a board meeting scheduled for January 19, 2026, to finalize the terms and conditions of its rights issue of equity shares. The meeting will determine crucial parameters for the previously authorized rights issue worth up to ₹49.00 crores.

Rights Issue Authorization and Approval Timeline

The rights issue process began with the board of directors' meeting held on November 29, 2024, where the board authorized a rights issue aggregating to an amount not exceeding ₹49.00 crores. Following this authorization, BSE Limited approved the Draft Letter of Offer on December 4, 2025, in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Key Decisions Expected from January 19 Meeting

The upcoming board meeting will address several critical aspects of the rights issue. The board will consider, discuss, and decide upon the terms and conditions and other related matters concerning the rights issue of equity shares. The meeting agenda includes determining the following parameters:

• Rights issue price determination
• Payment mechanism structure
• Final issue size within the authorized limit
• Rights entitlement ratio for existing shareholders
• Record date for rights eligibility
• Opening and closing dates of the issue

Additionally, the board will approve the Letter of Offer and other related documents in connection with the rights issue.

Trading Window Closure and Compliance

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and other applicable laws, the company has implemented a trading window closure. The trading window for dealing in the company's securities has been closed and will remain closed until 48 hours after the outcome of the January 19, 2026 meeting is declared.

Regulatory Framework

The rights issue is being conducted in accordance with multiple regulatory frameworks including the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. The company has maintained compliance with all applicable laws throughout the process, from initial authorization to the current stage of finalizing terms and conditions.